Lampasas Market Recap: Sales Surge, Prices Rise in Six Months

Deal of the Week

1120 Nix RD, Lampasas TX 76550
Deals of the Week by price quartile. The quartiles come from the last 12 months of closed sales here. Each pick has the top ALEX deal score in its price range. Lower quartile: under $249,000 1120 Nix RD, Lampasas TX 76550 · MLS #2075197 Listed at $229,900, 3 bed, 1 bath, 1,180 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; price reduced 4% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1182517483/1120-Nix-RD-Lampasas-TX Lower-middle quartile: $249,000 to $325,000 708 W North Ave, Lampasas TX 76550 · MLS #7163525 Listed at $285,000, 2 bed, 2 bath, 1,972 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; 7% under the local price per sq ft; price reduced 12% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1182888413/708-W-North-Ave-Lampasas-TX Upper-middle quartile: $325,000 to $432,000 502 W Avenue A, Lampasas TX 76550 · MLS #4942110 Listed at $325,000, 3 bed, 2 bath, 2,341 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; 10% under the local price per sq ft; price reduced 7% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1185314914/502-W-Avenue-A-Lampasas-TX Upper quartile: $432,000 and up 224 Blackbuck Ridge DR, Lampasas TX 76550 · MLS #1114216 Listed at $749,000, 3 bed, 3 bath, 2,532 sq ft. Listed 24% below the ALEX valuation; price reduced 16% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1180099851/224-Blackbuck-Ridge-DR-Lampasas-TX

Key figures · Lampasas · rolling 6 months ending Sep 30, 2026

Source: Unlock MLS, rolling 6 months ending Sep 30, 2026. Homes only (single-family, condo, townhome). Information deemed reliable but not guaranteed.

Market figures by town

How many homes sold in Lampasas over the past half-year compared to the previous six months? The answer is a significant jump: 47 closed sales, up from just 32 in the prior period. This surge marks a notable shift in market activity for the city. ALEX Intelligence analyzed the rolling six-month data ending September 30, 2026, to summarize the current state of Lampasas real estate. The median closing price rose to $345,000, representing a 17.6% increase compared to the prior six-month window and a 16.2% gain over the same period last year. This price appreciation occurred alongside a tightening market, with the median days on market dropping to 59 days from 81 days previously. The pace of sales also accelerated. While 47 homes closed in the current window, only 32 had closed in the prior six months. The share of homes selling below their original list price dipped slightly to 89.4%, compared to 93.8% earlier in the year, suggesting buyers are negotiating less aggressively or sellers are pricing more accurately from the start. Inventory remains a key factor, with 5.11 months of supply currently available. This level indicates a balanced market where neither buyers nor sellers hold a dominant advantage. The median price per square foot also climbed to $192, up 9.1% from the prior period. With 40 active listings and 3 new construction sales included in the data, the Lampasas market shows robust activity despite the small sample size of 47 closed transactions. Mortgage rates currently stand at 7.32%, according to the Freddie Mac Primary Mortgage Market Survey for the week of October 22, 2026. This rate environment continues to influence buyer behavior and payment calculations across the region. Want to see this home? Call or text George at 713.918.9951 for a private showing. Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals. Read more Central Texas market data on the ALEX blog: https://alex-companies.com/blog
George Arnold Alexander III, MPA
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Source data: Unlock MLS rolling 6 months ending Sep 30, 2026, n=47
Cover photo: (311-319 E. 3rd Street - Lampasas Texas) - DPLA - 0ff185c8d1885a854ec9b2b7818b51e5 by Hicks, William, CC BY 4.0, via Wikimedia Commons; darkened, cropped and text added.
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Licensed by the Texas Real Estate Commission. Broker: Alexander Tiffany Southwest, LLC · License #565194-BB.
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B  ·  George Arnold Alexander III, Partner, ALEX Companies · Associate Broker · #574878-B
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